statistics

Key statistics
Quarter end
Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016
Year end
Sep 2015
Year end
Sep 2016
Total industry
Net earned premium ($m) 7,607 7,752 6,984 7,889 7,926 31,636 30,552
Net incurred claims (current and prior years) ($m) 5,111 4,781 4,722 5,425 5,110 22,248 20,038
Underwriting result ($m) 447 969 359 444 826 1,092 2,599
Investment income ($m) 820 369 586 1,158 794 3,374 2,907
Net profit / loss after tax ($m) 753 768 436 907 974 2,361 3,086
Net loss ratio 67% 62% 68% 69% 64% 70% 66%
Total assets ($m) 120,297 119,266 118,526 122,543 120,453 120,297 120,453
Net assets ($m) 27,311 27,620 27,554 27,773 28,038 27,311 28,038
Return on total assets a 2.5% 2.6% 1.5% 3.0% 3.2% 2.0% 2.6%
Return on net assets a 11.0% 11.2% 6.3% 13.1% 14.0% 8.6% 11.2%
Eligible Capital base ($m) 28,087 28,414 28,319 28,231 28,324 28,087 28,324
Prescribed capital amount coverage ratio 1.71 1.73 1.79 1.72 1.73 1.71 1.73
Direct insurers
Net earned premium ($m) 7,237 7,399 6,594 7,311 7,481 30,183 28,786
Net incurred claims (current and prior years) ($m) 4,912 4,626 4,439 4,858 4,863 21,192 18,786
Underwriting result ($m) 430 886 368 548 760 1,181 2,562
Investment income ($m) 697 371 504 1,033 744 2,983 2,651
Net profit / loss after tax ($m) 661 725 420 908 918 2,359 2,971
Net loss ratio 68% 63% 67% 66% 65% 70% 65%
Total assets ($m) 108,666 108,070 107,180 111,263 108,898 108,666 108,898
Net assets ($m) 24,078 24,289 24,231 24,515 24,684 24,078 24,684
Return on total assets a 2.4% 2.7% 1.6% 3.3% 3.3% 2.2% 2.7%
Return on net assets a 10.9% 12.0% 6.9% 14.9% 14.9% 9.7% 12.2%
Eligible Capital base ($m) 25,333 25,596 25,451 25,425 25,414 25,333 25,414
Prescribed capital amount coverage ratio 1.71 1.73 1.79 1.74 1.74 1.71 1.74
Reinsurers
Net earned premium ($m) 371 353 390 578 445 1,452 1,766
Net incurred claims (current and prior years) ($m) 199 155 283 567 247 1,055 1,251
Underwriting result ($m) 17 83 -8 -104 66 -89 37
Investment income ($m) 123 -2 82 126 50 391 256
Net profit / loss after tax ($m) 92 44 16 0 56 2 115
Net loss ratio 54% 44% 72% 98% 55% 73% 71%
Total assets ($m) 11,631 11,195 11,345 11,280 11,555 11,631 11,555
Net assets ($m) 3,234 3,331 3,324 3,257 3,354 3,234 3,354
Return on total assets a 3.2% 1.5% 0.6% 0.0% 2.0% 0.0% 1.0%
Return on net assets a 11.5% 5.3% 1.9% -0.1% 6.8% 0.1% 3.5%
Eligible Capital base ($m) 2,754 2,818 2,868 2,807 2,910 2,754 2,910
Prescribed capital amount coverage ratio 1.71 1.69 1.79 1.61 1.69 1.71 1.69
a Quarterly figures expressed as annual percentage rates. See returns in the glossary.
Australian Prudential Regulation Authority 7